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> This is not true. Even though blockchain is decentralized there could be a single chain/few chains of truth if you want to convert it to real money. And that
by CTDOCodebases 4y ago
> This is not true. Even though blockchain is decentralized there could be a single chain/few chains of truth if you want to convert it to real money. And that chain could only be the one that would be approved by coinbase, bitfinex etc
I don't think this is fair to say because what you are describing here is a situation that is occuring off a blockchain or one that is occurring on the blockchain but where the individual transacting has chosen to allow someone to censor their transactions.
Your overall point that a decentralised system consists of centralised links that can and will be attacked by a hostile entity or node(s) is valid though.